Tyers Asset Management LLC boosted its position in shares of Under Armour (NYSE:UA) by 34.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 22,576 shares of the company’s stock after purchasing an additional 5,776 shares during the period. Tyers Asset Management LLC’s holdings in Under Armour were worth $301,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janus Henderson Group PLC grew its holdings in Under Armour by 579.2% during the third quarter. Janus Henderson Group PLC now owns 237,963 shares of the company’s stock valued at $3,571,000 after purchasing an additional 202,927 shares during the period. Great West Life Assurance Co. Can grew its holdings in Under Armour by 25.0% during the third quarter. Great West Life Assurance Co. Can now owns 680,332 shares of the company’s stock valued at $10,183,000 after purchasing an additional 136,129 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Under Armour by 117.4% during the fourth quarter. Oppenheimer & Co. Inc. now owns 90,820 shares of the company’s stock valued at $1,210,000 after purchasing an additional 49,051 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in Under Armour by 35.7% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 78,482 shares of the company’s stock valued at $1,179,000 after purchasing an additional 20,627 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its holdings in Under Armour by 41.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 940,295 shares of the company’s stock valued at $14,124,000 after purchasing an additional 274,335 shares during the period. Hedge funds and other institutional investors own 32.30% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of Under Armour (NYSE:UA) opened at $13.71 on Friday. The company has a market cap of $6,221.35, a price-to-earnings ratio of 78.17 and a beta of -0.84. Under Armour has a 1 year low of $10.36 and a 1 year high of $21.81.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.20) EPS for the quarter. The business had revenue of $1.37 billion during the quarter. Under Armour had a positive return on equity of 9.38% and a negative net margin of 0.97%. During the same quarter in the previous year, the company posted $0.23 earnings per share.

In other news, insider Kerry D. Chandler sold 19,643 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $15.09, for a total value of $296,412.87. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 16.50% of the company’s stock.

A number of research analysts have weighed in on the stock. Canaccord Genuity set a $9.00 price target on shares of Under Armour and gave the company a “sell” rating in a research note on Friday, March 16th. Vetr lowered shares of Under Armour from a “buy” rating to a “hold” rating and set a $14.91 price target on the stock. in a research note on Wednesday, January 3rd. DA Davidson set a $17.00 price target on shares of Under Armour and gave the company a “hold” rating in a research note on Wednesday, February 14th. ValuEngine raised shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Under Armour from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Eleven equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.38.

ILLEGAL ACTIVITY WARNING: “Tyers Asset Management LLC Has $301,000 Stake in Under Armour (UA)” was posted by Watch List News and is the property of of Watch List News. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this story can be viewed at https://www.watchlistnews.com/tyers-asset-management-llc-has-301000-stake-in-under-armour-ua/1961247.html.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

Want to see what other hedge funds are holding UA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Under Armour (NYSE:UA).

Institutional Ownership by Quarter for Under Armour (NYSE:UA)

Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.